Financial Market Update USD/HKD weakens to 7.8472/8480. USD/CNY weakens to 6.6917/6924. The one-year non-deliverable forward contract on CNY is quoted at 6.5108/5205, at a premium/discount of 1764 pips from spot.
HKD overnight HIBOR stands at 2.91%, one-week HIBOR at 2.49%, two-week at 2.56%; one-month HIBOR at 2.76%, two-month at 3%, three-month at 3.29%, six-month at 3.53%, and one-year at 3.98%.
* Source: Hong Kong Association of Banks
List of HKD Prime Lending Rates from Major Banks:
(kc)
HKD overnight HIBOR stands at 2.91%, one-week HIBOR at 2.49%, two-week at 2.56%; one-month HIBOR at 2.76%, two-month at 3%, three-month at 3.29%, six-month at 3.53%, and one-year at 3.98%.
| 11:15 (%) | Previous Day (9th) Closing (%) | |
|---|---|---|
| Overnight | 2.9100 | 2.2200 |
| One Week | 2.4900 | 2.5400 |
| Two Weeks | 2.5600 | 2.5600 |
| One Month | 2.7600 | 2.7500 |
| Two Months | 3.0000 | 2.9900 |
| Three Months | 3.2900 | 3.2900 |
| Six Months | 3.5300 | 3.5300 |
| One Year | 3.9800 | 3.9900 |
List of HKD Prime Lending Rates from Major Banks:
| Bank | Latest HKD Prime Lending Rate (basis points) |
|---|---|
| BOC Hong Kong/HSBC/Hang Seng | 5.0 |
| Bank of Communications/East Asia Bank/CIB/Chiyu/Chong Hing/Citibank/China Merchants Wing Lung/ Dah Sing Bank/ICBC Asia/Nanyang Commercial/Banque of Canton/SinoPac/Standard Chartered; Virtual Banks: FinTechBank/Ping An Digital | 5.25 |
| CCB/DBS/Fubon | 5.375 |
| OCBC/Ant Bank | 5.5 |
| Virtual Bank: ZA Bank | 6.375 |
| 11:15 | 09:30 | Previous Day (9th) Closing | |
|---|---|---|---|
| USD/HKD | 7.8472/80 | 7.8463/93 | 7.8474/82 |
